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'Netflix Effect' Fuels Networks To Release Biggest Batch Of New Shows In Years

The list of new shows the four major broadcast networks previewed this week at the upfronts is the longest -- 39 -- since 2004. That's due in part to what Bloomberg calls the "Netflix Effect": spending on new programs is "less risky," because there are new markets like Web-based services for TV content, including older shows.

"Ratings are less and less of an important barometer for whether a show will stay on the air," notes one pundit quoted in the piece.

Read the whole story at Bloomberg »

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